PREVIEW: Intuitive Surgical stock rises ahead of earnings

Intuitive Surgical ISRG.O shares rise 2.5% ahead of qtrly results after the bell, with investors focused on demand for its surgical robots

Analysts expect qtrly rev up 16% to $2.19 bln, adjusted EPS seen at $1.72 vs $1.50 yr-ago, per LSEG, reflecting expectations that demand for minimally invasive procedures remains strong

ISRG stock has fallen about 8% YTD, compared to a 15% fall in Nasdaq .IXIC

Stock recently traded at 55 times expected earnings, close to its avg forward PE of 55 over past five years, suggesting it may be fairly valued

The co's stock is about 22% below its 52-week intraday high of $616 reached on Jan. 23, 2025, reflecting potential room for recovery

In past 30 days, one out of 33 analysts raised EPS estimates for qtr, while two revised downwards, indicating mixed sentiment among analysts